New South Wales Consolidated Acts

PUBLIC LOTTERIES ACT 1996 - SECT 21M

21M Authority for Minister to enter into keno licensing arrangements

(1) The Minister is authorised, on behalf of the Crown in right of the State--

(a) to accept the offer made in the tabled copy of the deed poll to enter into the deed set out in the annexure to that deed poll, which is titled and referred to in this Division as
"the Implementation Deed" , and

(b) to enter into the Implementation Deed.

(2) The
"tabled copy of the deed poll" is the copy of the deed poll executed on 22 December 2015 as tabled, by or on behalf of the Minister introducing the Bill for the Public Lotteries Amendment (Keno Licensing) Act 2016 , in the Legislative Assembly on the day that the Bill was introduced.

(3) The reference in this section to the offer made in the tabled copy of the deed poll includes that offer as extended by any supplementary deed poll to the extent that the supplementary deed poll extends the time by which any condition precedent referred to in the tabled copy of the deed may be satisfied.

(4) For the avoidance of doubt, it is declared that the Minister and the Treasurer are (and are taken always to have been) authorised on behalf of the Crown in right of the State--

(a) to conduct negotiations with the other parties to the Implementation Deed in connection with that deed and the grant of the new keno licences (including in relation to the consideration payable to the Crown for any such grant), and

(b) to exercise any function under this Act for or in connection with the entry into and performance of obligations arising under the Implementation Deed.

(5) The tabling of the tabled copy of the deed poll as provided by this section does not abrogate, limit or otherwise affect any right or liability of any person arising under or in relation to the deed poll or the Implementation Deed after it comes into force.